BY BRANDI SMITH
Right in the heart of downtown Houston, construction is underway on a 20-story tower, which will soon be home to 100 different residences. Marlowe Houston is situated in one of the most sought-after locations in a thriving market, making it an ideal investment opportunity and foreign investors took notice.
Marlowe is managed, in part, by Houston EB5, an organization based in Houston that works to connect interested foreign parties with projects and opportunities. Houston EB5 is working on five projects, two of which are still in need of funding: District Lofts in Sugar Land and Arabella Houston.
The developments are just the latest examples of money pouring in from other countries as foreign investment has skyrocketed.